Vedder Price is pleased to announce that Eric R. McDonough has joined the firm as a Commercial Litigation Shareholder in the Los Angeles office. Mr. McDonough joins from Seyfarth Shaw LLP, where he was a partner and served as Chair of the Los Angeles litigation department.

Mr. McDonough focuses his practice on business and commercial litigation. He has extensive experience in trade secrets litigation and restrictive covenant claims, technology disputes, unfair competition disputes, real estate litigation, products liability and tort litigation, insurance bad faith and ERISA litigation.

Mr. McDonough has experience in all phases of civil discovery, pre-trial, trial and post-trial litigation and has defended a number of complex litigation matters in California and before the California Court of Appeal and the Ninth Circuit Court of Appeals.

“I’m excited to offer my clients access to Vedder’s extensive resources and platform,” said Mr. McDonough. “Their commercial client representation in the corporate finance, global transportation and capital markets sectors was a huge draw for me and I look forward to building out a substantial practice in Los Angeles with my new colleagues.”

“Eric’s commercial litigation experience combined with his overall demeanor and enthusiasm for growing our litigation practice on the west coast makes him a strong fit for the firm and our clients,” said Randall M. Lending, Chair of the firm’s Litigation practice area. “We are thrilled to have him on board.”

Mr. McDonough earned his B.A. from the University of California, Berkeley and his J.D. from Santa Clara University School of Law. He began his legal career as an associate at Ropers, Majeski, Kohn & Bentley before his nearly 20 years at Seyfarth Shaw.

Vedder Price is pleased to announce that Global Transportation Finance Shareholder John F. Imhof Jr. has been admitted to practice law in the Republic of the Marshall Islands (“RMI”).

The RMI is home to one of the world’s largest ship registries by gross tonnage. A growing number of business entities formed in the RMI are used as vehicles for shipping and non-shipping activities.

“I’m honored to be sworn in as a member of the Republic of the Marshall Islands bar,” said Mr. Imhof. “With the growing importance of the Marshall Islands as home to one of the world’s largest ship registries, it’s critically important that we are able to provide our shipping and maritime clients with comprehensive Marshall Islands legal advice, including as to Marshall Islands maritime and associations laws.”

“Our Maritime group is now better positioned to serve our clients in one of the most important jurisdictions for shipping and shipping finance in the world,” said Geoffrey R. Kass, Chair of Vedder Price’s Global Transportation Finance team. “We are proud of John’s determination and his commitment to the firm’s many shipping and maritime industry clients.”

Shareholder and current President of the Maritime Law Association of the United States Francis X. Nolan, III is himself well versed in RMI law. Mr. Nolan was the principal draftsman of first-of-its-kind legislation allowing financing bareboat charters to be treated as preferred mortgages, which was enacted into law by the RMI in 2013. Since 2014, Mr. Nolan has annually authored a chapter in Getting the Deal Through on Ship Finance Law in the RMI. Most recently, Mr. Imhof co-authored the 2019 chapter with Mr. Nolan.

“John’s admission to practice law in the Republic of the Marshall Islands adds significantly to our maritime bench strength around the world,” said Mr. Nolan. “Together with our maritime colleagues in New York, London and Singapore, we’re poised to deliver the best-in-class service that our Global Transportation Finance team is known for.”

Mr. Imhof joined Vedder Price in November 2018. He has nearly 30 years of experience advising lenders, lessors, investors, borrowers and lessees in the domestic and cross-border financing of transportation and logistics assets. The Maritime practice group is integral to the Global Transportation Finance team and represents nearly all segments of the maritime industry throughout the world, delivering advice under U.S., English, Marshall Islands and Liberian law.

Monique Chase, a senior Associate in Vedder Price’s New York Labor and Employment group, was recently honored by The National Black Lawyers by being named to their Top 40 Under 40 class of 2019.

The professional honorary association recognizes attorneys under 40 from each state who demonstrate superior leadership, reputation, influence, stature and profile as a black lawyer. Selection is by invitation only following a multi-phase review process that includes peer nominations and third party research.

Ms. Chase focuses her legal practice in the areas of employment-related matters and represents clients in federal and state court, before governmental agencies and regulatory bodies, and in ADR settings. She advises clients on a wide range of subjects, including discrimination, harassment and retaliation claims and disability accommodation and leave laws. Additionally, Ms. Chase provides counsel on Dodd-Frank and Sarbanes-Oxley whistleblower claims, background screening and disclosure requirements, employee investigations and breach of contract and wage and classification claims.

To learn more about The National Black Lawyers, click here.

Vedder Price is pleased to announce that a number of our attorneys and practice groups have been recognized by Legal 500 United States in 2019, including three Top-Tier Firm rankings- two in Transportation (Aviation and Air Travel - Finance; Rail and Road - Finance) for the ninth year in a row and M&A/Corporate and Commercial – M&A – Middle Market (Sub-$500M) for the sixth year in a row, as well as two Second-Tier rankings for Transport: Shipping – Finance and Real Estate - Land Use Zoning. 

Practice Group Rankings

Top-Tier Firm

• Transport: Aviation and Air Travel – Finance
• Transport: Rail and Road – Finance
• M&A/Corporate and Commercial – M&A: Middle-Market (Sub-$500M)
  
  

Recommended

• Dispute Resolution - Securities Litigation – Defense
• Transport: Shipping – Finance
• Investment Fund Formation and Management – Mutual/Registered/Exchange-Traded Funds
• Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Design
• Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans –Transactional
• Labor and Employment – Immigration
• Labor and Employment – Labor and Employment Disputes (Including Collective Actions): Defense
• Labor and Employment – Labor-Management Relations
• Real Estate – Land Use/Zoning
  
  

Attorney Accolades

Leading Lawyers

• John T. Bycraft: Transport: Rail and Road – Finance 
• Danielle Meltzer Cassel: Real Estate – Land Use/Zoning
• Michael E. Draz: Transport: Rail and Road – Finance
• Dean N. Gerber: Transport: Aviation and Air Travel – Finance
• Geoffrey R. Kass: Transport: Aviation and Air Travel – Finance
• Michael A. Nemeroff: M&A/Corporate and Commercial – M&A: Middle-Market (Sub-$500M)
• Francis X. Nolan III: Transport: Shipping – Finance
• Jeffrey T. Veber: Transport: Aviation and Air Travel – Finance 
  
  

Recommended

• Nicholas Anaclerio: Labor and Employment – Labor and Employment Disputes (Including Collective Actions) – Defense
• Adam R. Beringer: Transport – Aviation and Air Travel – Finance
• Amy L. Bess: Labor and Employment – Labor and Employment Disputes (Including Collective Actions) – Defense; Labor and Employment – Labor Management Relations
• William J. Bettman: M&A/Corporate and Commercial – M&A – Middle-Market (Sub-$500M)
• Eugene A. Boyle: Labor and Employment – Labor and Employment Disputes (Including Collective Actions) – Defense; Labor and Employment – Labor Management Relations
• John E. Bradley: Transport: Shipping – Finance
• John T. Bycraft: Transport: Aviation and Air Travel – Finance; Transport – Rail and Road – Finance
• Danielle Meltzer Cassel: Real Estate – Land Use/Zoning
• Thomas P. Cimino: Dispute Resolution – Securities Litigation – Defense
• Christopher T. Collins: Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Design; Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Transactional
• Sara B. DeBlaze: Labor and Employment – Immigration
• Thomas P. Desmond: Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Design; Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Transactional
• Mark J. Ditto: Transport: Aviation and Air Travel – Finance
• Brendan G. Dolan: Labor and Employment – Labor and Employment Disputes (Including Collective Actions) – Defense
• Michael E. Draz: Transport: Aviation and Air Travel – Finance; Transport – Rail and Road – Finance
• Deborah Bielicke Eades: Investment Fund Formation and Management – Mutual/Registered/Exchange-Traded Funds
• Cameron A. Gee: Transport: Aviation and Air Travel – Finance; Transport – Rail and Road – Finance
• Dean N. Gerber: Transport: Aviation and Air Travel – Finance
• Thomas G. Hancuch: Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Design
• Robert J. Hankes: Transport: Aviation and Air Travel – Finance
• Renee M. Hardt: Investment Fund Formation and Management – Mutual/Registered/Exchange-Traded Funds
• John F. Imhof: Transport: Shipping – Finance
• Geoffrey R. Kass: Transport: Aviation and Air Travel – Finance; Transport: Rail and Road – Finance; Transport: Shipping – Finance
• Jennifer Durham King: Labor and Employment – Employee Benefits, Executive Compensation and Retirements Plans – Transactional
• Joseph H. Kye: M&A/Corporate and Commercial – M&A – Middle-Market (Sub-$500M)
• Daniel B. Lange: Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Transactional; Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Design
• Randall M. Lending: Dispute Resolution – Securities Litigation – Defense
• Adam S. Lewis: M&A/Corporate and Commercial – M&A – Middle-Market (Sub-$500M)
• Joseph M. Mannon: Investment Fund Formation and Management – Mutual/Registered/Exchange-Traded Funds
• John S. Marten: Investment Fund Formation and Management – Mutual/Registered/Exchange-Traded Funds
• Daniel C. McKay: Labor and Employment – Employee Benefits, Executive Compensation and Retirements Plans – Transactional
• Sadina Montani: Labor and Employment – Labor and Employment Disputes (Including Collective Actions) – Defense
• James W. Morrissey: Labor and Employment – Employee Benefits, Executive Compensation and Retirements Plans – Transactional
• Michael A. Nemeroff: M&A/Corporate and Commercial – M&A – Middle-Market (Sub-$500M)
• Francis X. Nolan, III: Transport: Shipping – Finance
• John R. Obiala: M&A/Corporate and Commercial – M&A – Middle-Market (Sub-$500M)
• Cathy Gonzales O’Kelly: Investment Fund Formation and Management – Mutual/Registered/Exchange-Traded Funds
• Shelby E. Parnes: M&A/Corporate and Commercial – M&A – Middle-Market (Sub-$500M)
• Thomas H. Petrides: Labor and Employment – Labor and Employment Disputes (Including Collective Actions) – Defense
• Jason W. Reese: M&A/Corporate and Commercial – M&A – Middle Market (Sub-$500M)
• Bruce A. Rosenblum: Investment Fund Formation and Management – Mutual/Registered/Exchange-Traded Funds
• Christopher A. Setteducati: Transport: Aviation and Air Travel – Finance
• Guy E. Snyder: M&A/Corporate and Commercial – M&A – Middle-Market (Sub-$500M)
• Patrick W. Spangler: Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Design; Labor and Employment – Labor and Employment Disputes (Including Collective Actions) – Defense; Labor and Employment – Labor-Management Relations
• Kenneth F. Sparks: Labor and Employment – Labor-Management Relations
• Kelly A. Starr: Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Design; Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Transactional
• Mark L. Stolzenburg: Labor and Employment – Labor-Management Relations
• Raviv Surpin: Transport: Aviation and Air Travel – Finance
• Venu V. Talanki: M&A/Corporate and Commercial – M&A – Middle Market (Sub-$500M)
• Joel R. Thielen: Transport: Rail and Road – Finance
• Clay Thomas: Transport: Rail and Road – Finance
• Jeffrey T. Veber: Transport: Aviation and Air Travel – Finance
• Thomas M. Wilde: Labor and Employment – Labor and Employment Disputes (Including Collective Actions) – Defense
• Benjamin O. Williams: M&A/Corporate and Commercial – M&A – Middle Market (Sub-$500M)
• Candice T. Zee: Labor and Employment – Labor and Employment Disputes (Including Collective Actions) – Defense; Labor and Employment – Labor-Management Relations 
• Anna Zielinski: Labor and Employment – Employee Benefits, Executive Compensation and Retirement Plans – Transactional 
• Junaid A. Zubairi: Dispute Resolution – Securities Litigation – Defense

Next Generation Lawyers

• Robert J. Hankes: Transport: Aviation and Air Travel – Finance
• Clay Thomas: Transport: Rail and Road – Finance
• Shelby E. Parnes: M&A/Corporate and Commercial – M&A: Middle-Market (Sub-$500M)

"Rising Star" Lawyers

• Benjamin Williams: M&A/Corporate and Commercial – M&A: Middle Market (Sub-$500M)

The Legal 500 United States is an independent guide. Firms and individuals are recommended purely on merit. More than 250,000 corporate counsel have been surveyed and interviewed globally in the past 12 months. Only a small number of firms in the United States have a truly national presence coupled with the capability to handle sophisticated and complex work; these are the firms that are chosen for the Legal 500 honors.

In this issue:

• Court Finds for Defendant Investment Adviser in Section 36(b) Excessive-Fee Case
• Second Circuit Split on 40 Act Private Right of Action 
• SEC Staff Issues No-Action Letter Extending Existing Multi-Manager Exemptive Relief
• OCIE Issues Risk Alert Relating to Investment Adviser Oversight 
• FINRA Issues Supplemental Guidance on Giving Credit

Download the Investment Services Regulatory Update below. 

U.S. issuers (including private investment funds such as hedge, private equity and venture capital funds) must report certain data regarding holdings of their securities by non-U.S. residents to the U.S. Treasury via Form TIC SHL. This mandatory report is conducted by the U.S. Treasury every five years. Investment advisers that manage domestic funds must file Form TIC SHL if the total market value of the interests issued by such funds owned directly by non-U.S. persons was $100 million or more as of June 30, 2019. For purposes of calculating this $100 million threshold, holdings by an affiliated non-U.S. feeder fund are generally included.

Form TIC SHL must be submitted by August 30, 2019. Firms can be fined up to $25,000 for failing to provide timely and accurate data depending on the circumstances.

Formal instructions for submitting Form TIC SHL can be
found here.

Please contact Vedder Price attorneys Joe Mannon, Jeff VonDruska or Cody Vitello for assistance completing Form TIC SHL.

NIST 800-171 and Government Contracts:  The Business Case for NIST 800-171 and Implementation Guidance for All Federal Contractors

NIST 800-171 is not just another set of requirements for Government contractors.  It is an advantageous business decision.  Implementation of NIST 800-171 provides contractors  (defense and non-defense alike) with an opportunity to distinguish themselves significantly with Government (and commercial) clients, partners and vendors, especially for small and mid-sized businesses.  Benefits include more business opportunities, greater cybersecurity, and the potential to lower costs in an ever-evolving cyber and economic landscape.
 
Join us and Frank Smith of Ntiva, Inc. for a discussion about the advantages that full implementation of NIST 800-171 can provide.  We will also dive into the practical implementation of NIST controls, including the creation of a Systems Security Plan (SSP) and Plan of Action and Milestones (POA&M), and demonstrate that the cost of implementing NIST 800-171 is far less than the cost of non-compliance with the Government’s requirements.

Please join us at the following session designed for in-house counsel and human resource professionals, led by the Labor & Employment attorneys of Vedder Price. At this complimentary session, we will discuss important legal updates and labor and employment best practices.

Event Details

Wednesday, October 23 | 8:30 a.m. - 12:00 p.m. (ET)

Newseum | Washington, DC
555 Pennsylvania Ave NW, Washington, DC 20001

Breakfast provided; Lunch to follow from 12:00 p.m. - 1:00 p.m.

Who should attend: This event is intended for in-house counsel and human resource professionals.

 
Agenda Topics

DC Paid Family Leave: The Time to Prepare is Now!

When Your Workforce Works Remotely - Challenges, Strategies, and Practical Solutions

Mental Health Issues at Work: FMLA/ADA Compliance

Cybersecurity: What You Need to Do Now to Protect Your Workplace Data

Marijuana in the Workplace

Making Workplace Culture Change Stick

CLE & HRCI Credit

Vedder Price is an accredited CLE provider in California, Illinois, and New York; and, when possible, a sponsor in Virginia.

The use of this seal confirms that this activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.

To learn more about other 2019 Vedder Works seminars and webinars, please click here.